Rising wedge ready to fall

6 Mar 2018

Checkout this rising wedge on the BCHUSD 4H chart. The increased volume during the previous three periods is interesting too. Rising wedges are expected to fall.

It could also just go the other way ¯\_( $ )_/¯.

6 Mar 2018

Not

It could also be seen as a bearish pennant.

6 Mar 2018

Not

And if we flatten out the top ray, this could even be a ascending triangle.